[Two Major Hedge Funds Brevan Howard and Graham Capital Significantly Reduced IBIT Holdings in Q2] According to Deep Tide TechFlow on August 18, SEC filings reveal that hedge fund Brevan Howard Capital Management reduced its holdings of BlackRock's Bitcoin Spot ETF IBIT from 24.3 million shares to 7.21 million shares in the second quarter, a decrease of approximately 70.4%, with an end-of-period value of about $240 million. Similarly, hedge fund Graham Capital Management reduced its IBIT holdings from 926,000 shares to 259,000 shares during the same period, a decrease of approximately 72%, with an end-of-period value of about $8.62 million.